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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of SASR
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Sandy Spring Bancorp stock price ended at $21.49 on Friday, after gaining 0.562%.
(Updated on Apr 26, 2024)

Hold candidate since Apr 23, 2024 Loss -1.92% PDF

The Sandy Spring Bancorp stock price gained 0.562% on the last trading day (Friday, 26th Apr 2024), rising from $21.37 to $21.49. During the last trading day the stock fluctuated 2.08% from a day low at $21.19 to a day high of $21.63. The price has been going up and down for this period, and there has been a 5.86% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 9 thousand more shares were traded than the day before. In total, 284 thousand shares were bought and sold for approximately $6.11 million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -11.78% during the next 3 months and, with a 90% probability hold a price between $17.17 and $20.53 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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SASR Signals & Forecast

The Sandy Spring Bancorp stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $21.12 and $21.37. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 8.48%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Sandy Spring Bancorp stock

Sandy Spring Bancorp finds support from accumulated volume at $20.94 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.440 between high and low, or 2.08%. For the last week, the stock has had daily average volatility of 3.86%.

Our recommended stop-loss: $20.62 (-4.06%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 7 days ago.)

Trading Expectations (SASR) For The Upcoming Trading Day Of Monday 29th

For the upcoming trading day on Monday, 29th we expect Sandy Spring Bancorp to open at $21.44, and during the day (based on 14 day Average True Range), to move between $20.75 and $22.23, which gives a possible trading interval of +/-$0.741 (+/-3.45%) up or down from last closing price. If Sandy Spring Bancorp takes out the full calculated possible swing range there will be an estimated 6.90% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $21.77 (1.30%) than the support at $20.94 (2.56%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Sandy Spring Bancorp stock A Buy?

Sandy Spring Bancorp holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.818 Hold/Accumulate Unchanged

Predicted Opening Price for Sandy Spring Bancorp of Monday, April 29, 2024

Fair opening price April 29, 2024 Current price
$21.44 ( 0.248%) $21.49

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for SASR

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 21.88 1.80 %
R2 21.71 1.02 %
R1 21.60 0.534 %
Current price: 21.49
Support S1 21.27 -1.03 %
S2 21.16 -1.51 %
S3 21.00 -2.30 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 22.11 2.89 %
R2 21.91 1.95 %
R1 21.77 1.30 %
Current price 21.49
Support S1 20.94 -2.56%
S2 20.68 -3.77%
S3 20.46 -4.79%

SASR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 07, 2024 May 07, 2024 May 07, 2024 $0 0%
2 Jan 31, 2024 Feb 13, 2024 Feb 21, 2024 $0.340 1.55%
3 Oct 26, 2023 Nov 07, 2023 Nov 15, 2023 $0.340 1.45%
4 Jul 26, 2023 Aug 08, 2023 Aug 16, 2023 $0.340 1.50%
5 Apr 26, 2023 May 09, 2023 May 17, 2023 $0.340 1.54%

FAQ

What is the symbol for Sandy Spring Bancorp Stock and on which exchange is it traded?
The symbol for Sandy Spring Bancorp is SASR and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Sandy Spring Bancorp Stock?
Sandy Spring Bancorp holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Sandy Spring Bancorp Stock?
Sandy Spring Bancorp Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Sandy Spring Bancorp Stock.

What's the current price of Sandy Spring Bancorp Stock?
As of the end of day on the Apr 26, 2024, the price of an Sandy Spring Bancorp (SASR) share was $21.49.

What is the 52-week high and low for Sandy Spring Bancorp Stock?
The 52-week high for Sandy Spring Bancorp Stock is $27.90 and the 52-week low is $19.27.

What is the market capitalization of Sandy Spring Bancorp Stock?
As of the Apr 26, 2024, the market capitalization of Sandy Spring Bancorp is 960.37M.

When is the next earnings date for Sandy Spring Bancorp?
The upcoming earnings date for Sandy Spring Bancorp is Jul 23, 2024.
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About Sandy Spring Bancorp

Sandy Spring Ban Sandy Spring Bancorp, Inc. operates as the bank holding company for Sandy Spring Bank that provides commercial and retail banking, mortgage, private banking, and trust services to individuals and businesses. It operates through three segments: Community Banking, Insurance, and Investment Management. The Community Banking segment offers financial products and services, including various loan and deposit products. Its loan products include commerci... SASR Profile

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